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- EUR/USD: Euro rose after Rehn’s comments by France
EUR/USD: Euro rose after Rehn’s comments by France
After falling below 1.3200 to a low of 1.3179 pair EUR/USD for some time maintained at the level of the mark, and then rushed to the maximum in the 1.3228.
At the moment, prices are still kept below this level in the 1.3210 area. Meanwhile, Commissioner Rehn said that a more active policy to reduce the cost in France is not required, while the reform of the pension system still needs to happen. Portuguese Prime Minister told Parliament that Europe in 2012, has been successful. We also learned that the Italian consumer confidence in December rose to 85.7 against 84.8 in November and 85.1 in the forecasts.
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